“Bye Earth! I’m going to space” Polkadot (DOT)
Polkadot Expressed: The motion to enable parachain registration and crowdloans has passed Polkadot’s council and gone to a public referendum. If passed, parachain teams will be able to register their parachain and open their crowdloan on Nov. 4, 2021 at approx. 19:15 CET.
“For Polkadot and Kusama, a crowdloan is a way for new projects to garner the support they need to connect to the Kusama or Polkadot network as a parachain.
The term itself can be misleading, since you’re not actually “loaning” funds to the parachain; rather, your crowdloan contributions (KSM tokens for Kusama project crowdloans and DOT tokens for Polkadot project crowdloans) are locked into either a Kusama or Polkadot sponsored account for a designated period of time (a “lock period”). Typically, during this lock period (or after), you are eligible to receive a reward. This reward is usually in the form of a native token from the project.”
Community Response: Nov 4. or Nov 11.?
Anyone can answer when will Binance open to Polkadot auctions?
Lol, sell from 5days to 10 days before launch. You will see the peak price on this period.
I based my analysis on ADA Goguen release. ADA reached it’s ATH 10 days before release and stayed high until 4 days. It’s a different story for Kusama though. I am thinking DOT price action will be more similar to ADA.
Parachain auction are different than ADA smart contract launch. DYOR.
I’m talking about price action not tech. Psychology is almost same in ADA and DOT cause they’re on same level of hype. People hyped and sold the news 4 days before launch and it peaked 10-9 days before launch.
People are buying this dot for a specific purpose, not just hype. The price action is likely to be different.
I hope so too. But since I’m a leveraged swing trader, I take notes on history. This is my way of getting the most profit out of crypto. I closed my position at $49 yesterday with $5k profit. No regrets even if Dot will run to $60. I’m eyeing now on other crypto huge updates.
It’s not late but profits will x1.5 at most with risk of downside. Next huge updates by end of November and December will be on Harmony_One and ICP. Position yourself now. NFA.
Maybe, I think it can easily go to 60 in a few days, maybe even more. If you are not going to enter the parachains you can also choose to wait 2 to 3 weeks, then hype is gone and maybe back to 40, 50 dollars.
Binance parachain auction ready Binance supporting DOT parachain Huge rally coming within hours Rally up to 75$ before 4 Nov.
“Bye earth! I’m going to space” Polkadot (DOT)
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